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110 W Arkansas Dr

Midvale, UT 84047
  • $800,000
  • STATUS: Active Under Contract
  • ON SITE: 80 Days
  • MLS #: 1828724
Under Contract
UPDATED: 65 min ago
$800,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,964
    SQFT
  • $270
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

INCREDIBLE $4,800/month rental income! ($57,600 annual). Side by side duplex with 4 bedrooms and 2 baths on each side. One car garage on each side with plenty of off-street parking. Unit 114 just updated with new carpet, paint, and laminate flooring throughout! Unit 110 updated in 2018. RV parking on both sides. Separately metered for gas and electricity. Tenant pays all utilities except Sewer and Trash. Great neighborhood. Only a short walk to the Trax Station. Cap rate over 6%. $2,400 rent on each side. Unit 110 has a lease expiring October 31, 2022 (but they would like to renew). Unit 114 is on a 1-year lease, expiring August 2023. Current pictures for both sides are attached. PLEASE DO NOT DISTURB TENANTS. Please let me know if you find one that has better cash flow than this in Salt Lake County!! Thank you. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS records. Buyer is advised to obtain an independent measurement. Showings will be scheduled only after offer or backup offer is accepted.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-10-04T15:39:28.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.lawsonrealestateteam.com/homes/130945451
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110 W Arkansas Dr Midvale, UT 84047

  • Price: $800,000
  • Status: Active Under Contract
  • On Site: 80 Days
  • Updated: 65 min ago
  • MLS #: 1828724
8
Beds
4
Baths
0
½ Baths
0.25
Acres
2,964
SQFT
$270
$/SQFT
1972
Built
Neighborhood:
Center Park Sub
County:
Salt Lake
Area:
Murray; Taylorsvl; Midvale
Elementary School:
Midvale
Middle School:
Midvale
High School:
Hillcrest
School District:
Canyons
Property Description
INCREDIBLE $4,800/month rental income! ($57,600 annual). Side by side duplex with 4 bedrooms and 2 baths on each side. One car garage on each side with plenty of off-street parking. Unit 114 just updated with new carpet, paint, and laminate flooring throughout! Unit 110 updated in 2018. RV parking on both sides. Separately metered for gas and electricity. Tenant pays all utilities except Sewer and Trash. Great neighborhood. Only a short walk to the Trax Station. Cap rate over 6%. $2,400 rent on each side. Unit 110 has a lease expiring October 31, 2022 (but they would like to renew). Unit 114 is on a 1-year lease, expiring August 2023. Current pictures for both sides are attached. PLEASE DO NOT DISTURB TENANTS. Please let me know if you find one that has better cash flow than this in Salt Lake County!! Thank you. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS records. Buyer is advised to obtain an independent measurement. Showings will be scheduled only after offer or backup offer is accepted.
Exterior Features

Architectural Style Side By Side Attached Garage YN Yes Carport YN No Construction Materials Brick Construction Status Blt./Standing Covered Spaces 2 Exterior Features Porch: Open Frontage Length 0.0 Garage YN Yes Horse Property YN No Lot Features Cul-De-SacFenced: PartRoad: PavedSidewalksSprinkler: Auto-PartView: Mountain Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 8 Open Parking YN No Other Equipment Swing SetWindow Coverings Parking Features Rv Parking Parking Total 10 Patio And Porch Features Porch: Open Pool Private YN No Roof Asphalt RVParking Dimensions 50.00 Spa YN No Topography Cul-De-SacFenced: PartRoad: PavedSidewalksSprinkler: Auto-PartTerrainFlatView: Mountain Vegetation Landscaping: PartMature Trees View Mountain(S) View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 4 Building Area Total 2964 Cooling YN No Fireplace YN No Flooring CarpetLaminateTile Heating Forced AirGas: Central Heating YN True Interior Features DisposalRange/Oven: Built-In Rooms Total 0 Window Features Blinds

Property Features

Association YN No Cross Street 7360 Current Use Residential Exclusions DryerWasher Inclusions RangeRange HoodRefrigeratorSwing SetWindow Coverings Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventionalFhaVa Loan New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type Duplex Senior Community YN No Sewer Sewer: Connected Tax Annual Amount 4076 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Source Culinary Zoning Multi-Family Zoning Description 1204

Listing provided courtesy of Chapman-Richards & Associates, Inc.: 801-278-4414. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-10-04T15:39:28.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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